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Dawn Foord

df.kz@shaw.ca +1(306) 612-0982

$650,000

Est. payment - /mo

13,656 SqFt

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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 13,656 sqft

Price per Sqft $47

MLS Listing ID SK032289

HOA Y/N No

Year Built 1912

Annual Tax Amount $7,455

Tax Year 2025

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 200.00

Property Sub-Type Hotel/Motel

Property Description

An ideal opportunity for a family-run business with significant potential to increase revenue. This well-established property has served the community for over 50 years and offers multiple income streams, including 22 guest rooms, a manager's suite, bakery space, bar, seven VLTs, liquor license(s) for resale, tavern and home delivery (purchasers would have to apply for independently), and a fully equipped 80-seat restaurant. The property presents a compelling value-add opportunity, with strong local demand for food service in the area as expressed by Community Leadership. The restaurant currently operating only on weekdays providing excellent growth opportunity. The main floor features a welcoming lobby with direct access to the restaurant and tavern located just off the main corridor. The bar includes a convenient dock-height loading area for deliveries and a dedicated beer cooler. Additional liquor storage with display shelving is also in place. The commercial kitchen is fully equipped with gas-fired grills, fire suppression systems, a walk-in freezer, refrigerator, and dedicated dry storage areas, supporting efficient food service operations. Guest accommodations are located on the second and third floors and include 13 single-bed rooms and 9 double-bed rooms. Each room tastefully decorated is equipped with a flat-screen TV, refrigerator, microwave, and coffee maker. A guest laundry facility is available on the third floor. The property is being offered as a turnkey operation, including all chattels such as computer systems, security monitoring equipment, and restaurant assets. All equipment is believed to be in good working order (exception one refrigerator located behind the restaurant buffet area). The equipment is offered on an “as is where is” basis without warranty.

Location

Province SK

Area Leader

Interior

Heating Electric, Floor Furnace

Inclusions Equipment & Machinery, Fixtures, Goodwill, Parking

Fireplace No

Appliance Sump Pump

Exterior

Parking Features On Site

Total Parking Spaces 14

Building

Lot Description Sprinklers None

Others

Pets Allowed No

Ownership Freehold

Security Features Smoke Detector(s),Security System Owned,Building Security

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Listed byRoyal LePage® Landmart

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+1(306) 612-0982

df.kz@shaw.ca

118 1st AVE E Leader, SK S0N 1H0

Dawn Foord

Key Details

Location

Interior

Exterior

Building

Others

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118 1st AVE E

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